Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008.
taxable year — The 12 month period an individual uses to report income for income tax purposes. For most individuals, their tax year is the calendar year. Bloomberg Financial Dictionary … Financial and business terms
taxable — Subject to taxation; liable to be assessed, along with others, for a share in a Something of value, subject to assessment, and to be levied upon and sold for taxes. Williams v. School Dist. No. 32 in County of Fremont, 56 Wyo. 1, 102 P.2d 48, 52 … Black's law dictionary
year — The period in which the revolution of the earth round the sun, and the accompanying changes in the order of nature, are completed. Generally, when a statute speaks of a year, twelve calendar, and not lunar, months are intended. The year is either … Black's law dictionary
Taxable income — is the portion of income that is the subject of taxation according to the laws that determine what is income and the taxation rate for that income. Generally, taxable income refers to an individual s (or corporation s) gross income, adjusted for… … Wikipedia
year — [jɪə, jɜː ǁ jɪr] written abbreviation yr noun [countable] 1. also calendar year the period of time beginning on January 1 and ending on December 31: • The Small Business Administration arranged 55,000 small business loans last year. 2 … Financial and business terms
taxable income — Gross income less a variety of deductions. Bloomberg Financial Dictionary A tax term. Defined as total income in the year (excluding tax free income) less all allowances available at the marginal rate. The major allowances which are deducted from … Financial and business terms
Taxable Income — The amount of income that is used to calculate an individual’s or a company’s income tax due. Taxable income is generally described as gross income or adjusted gross income minus any deductions, exemptions or other adjustments that… … Investment dictionary
Taxable Event — Any event or transaction that results in a tax consequence for the party who executes the event. Common examples of taxable events for investors include receiving interest and dividends, selling securities for a gain and exercising options.… … Investment dictionary
Taxable Gain — A profit on the sale of an asset that is subject to taxation. Such gains are subject to capital gains tax, under which rate and application differ from country to country and from asset to asset. Taxable gains are generally realized from the sale … Investment dictionary
taxable profits — The profits on which a company calculates its corporation tax charge for a year. Note that the definition of taxable profits is not the same as accounting profits before tax. The reason for this is that the company has considerable flexibility in … Financial and business terms
